Mixed-Use Restaurant and
20-22 Lafayette Street Norwich, CT 06360
For Sale
$650,000
MULTI_FAMILY - Norwich, CT
Property Size3,476 SF
Lot Size0.40 Acres
Price / SF$186
Days on Market47
Property Features for 20-22 Lafayette Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NC
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 2
- Basement
- Full
- Standard status
- Active
- Size
- 3,476 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2027
- Tax Annual Amount
- 7021
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Steam
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1938
- Architectural style
- Other
Listing Agency:
Premier Properties of CT
(860) 756-0980
Listed By:
Carol Cajahuaringa · License #RES.0805273
(860) 539-1444
Added: Jun 8
Changed: Jul 21
Last Checked: Jul 24 at 1:06AM
MLS# 24182070
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Investment Insights
Based on property information with market context.
This mixed-use property at 20-22 Lafayette Street, Norwich, CT features a restaurant on the first floor and residential space above. The restaurant is described as turnkey and includes restaurant equipment, furniture, and fixtures included with the sale, supporting an owner-operator or an operator looking to take over an established setup. The second-floor unit offers three bedrooms and one full bathroom, along with a spacious layout. A finished attic adds additional versatile space and includes another full bathroom, which can support extended living, office use, or storage depending on the tenant or occupant’s needs. The property also includes a full basement for additional storage.
The listing notes convenient access to major highways, hospitals, and other local businesses. With a NC zoning designation, the property is positioned for compatibility with both restaurant and residential use within the same structure.
For tenants, this configuration can support businesses seeking an income-generating restaurant space paired with on-site residential convenience. For buyers and investors, the combination of a fully equipped restaurant and a multi-bedroom apartment provides a cohesive live-and-work setup, with extra finished area and basement storage to help accommodate changing space requirements over time.
The listing notes convenient access to major highways, hospitals, and other local businesses. With a NC zoning designation, the property is positioned for compatibility with both restaurant and residential use within the same structure.
For tenants, this configuration can support businesses seeking an income-generating restaurant space paired with on-site residential convenience. For buyers and investors, the combination of a fully equipped restaurant and a multi-bedroom apartment provides a cohesive live-and-work setup, with extra finished area and basement storage to help accommodate changing space requirements over time.
Key Highlights
- Mixed‑use property with a restaurant on the first floor plus a residential unit above
- Restaurant includes all restaurant equipment, furniture, and fixtures, selling as part of the business
- Second‑floor apartment features 3 bedrooms and 1 full bathroom
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Turnkey first-floor restaurant paired with an upstairs 3-bedroom apartment plus additional finished attic and basement storage.
Where is this conventional restaurant located?
The property is located at 20-22 Lafayette Street Norwich, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Mixed‑use property with a restaurant on the first floor plus a residential unit above; Restaurant includes all restaurant equipment, furniture, and fixtures, selling as part of the business; Second‑floor apartment features 3 bedrooms and 1 full bathroom
